Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
189 hedge funds and large institutions have $967M invested in Cowen Inc. Class A Common Stock in 2021 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 48 increasing their positions, 73 reducing their positions, and 13 closing their positions.
285% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 13
171% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $4.99M
30% more capital invested
Capital invested by funds: $745M → $967M (+$222M)
23% more funds holding
Funds holding: 154 → 189 (+35)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
34% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
+$25.7M |
| 2 |
BlackRock
New York
|
+$21.7M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$7.99M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$6.7M |
| 5 |
Two Sigma Investments
New York
|
+$5.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.2M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$20.6M |
| 3 |
Pzena Investment Management
New York
|
-$19.2M |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
-$12.5M |
| 5 |
AI
Ariel Investments
Chicago,
Illinois
|
-$8.98M |
COWN Hedge Fund Activity: Q1 2021 in Review
189 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q1 2021, worth a combined $967M — up 30% from $745M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new COWN positions and 13 closed out — a net gain of 37 holders — while 48 added to existing stakes and 73 trimmed.
The largest buyer was Azora Capital LP, adding an estimated $25.7M. The largest seller was Fidelity Investments, cutting an estimated $38.2M.
- 189 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q1 2021, up from 154 in Q4 2020.
- Funds reported $967M of Cowen Inc. Class A Common Stock stock for Q1 2021, up 30% quarter-over-quarter.
- 50 funds opened new Cowen Inc. Class A Common Stock positions in Q1 2021 and 13 closed out, a net change of +37 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q1 2021 was Azora Capital LP, an estimated $25.7M added.
- The largest Cowen Inc. Class A Common Stock seller in Q1 2021 was Fidelity Investments, an estimated $38.2M sold.
Based on aggregated 13F filings for Q1 2021.